The probability that both item is defective are 3.84%
The probability that the second is defective is 20%
<h3> What is the probability that both items are defective?</h3>
a) Remember that the question says they are drawn without replacement
hence
(20/100)*(19/99)
= 19/495
= 0.03838383
= 3.84%
b. What is the probability that the second item is defective?
(20/100)*(19/99) + (80/100)*(20/99)
= 0.03838383 + 0.1616
= 0.199999
= 0.2
= 20 percent
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Answer:
Cash 20,200 debit
Sales revenue 20,200
COGS 15,500
Finished Goods Invenotry 15,500
Explanation:
The revenue will be recognize by the amount billed to the customer. It is paying on cash, so our cash increases. We record that by debiting cash.
And we credit the sales revenue to increase our revenue.
Then we recognize the cost of goods sold, which are 15,500
This decrease our finished goods inventory by this ammount. Also, we post the expense for the cost of the goods sold.
Answer:
3. Incentivizing your employees to work harder
Explanation:
Increasing production is the same as increasing productivity. This measures the ratio of output to input. It can improve by increasing outputs while keeping inputs constant or by reducing inputs while keeping outputs constant. The former applies to this case as the employees provide labour input which is constant but with an aim to increase production. You will therefore choose an option that would result in more output; that is incentivizing your employees to work harder.
Answer:
The accounts receivable amount expected to be collected after adjustment is:
1382000
Explanation:
Account Receivable Allowance Net Receivable
Begining balance_________1510000_______91400____1418600
_____________________________36600___-36600
Ending balance___________1510000______128000____1382000
The accounts receivable amount expected to be collected after adjustment is:
1382000
